The subject premises occupy a prime trading position fronting the pedestrianised section of Commercial Road between Sketchers and Santander, immediately opposite JD Sports and close to River Island and Primark / Costa.
Greggs, Tiger, Animal, Ann Summers, H and M Clothing and Zara also trade closeby.
A well-proportioned, double fronted shop with ancillary space at both ground floor and basement levels. The ground floor provides good quality retail space together with a staffroom/kitchen and staff WC. Loading facilities are provided to the rear via Avenue Road.
Net Sales Area: 1,185 sq ft (110.13 sq m)
Ancillary/Poss further sales: 318 sq ft (29.55 sq m)
Ground Floor Total Net: 1,503 sq ft (140 sq m)
Basement Ancillary: 468 sq ft (43.5 sq m)
TOTAL: 1,971 SQ FT (183 SQ M)
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe', health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
Asset Rating - D100
Rateable Value £52,000
Source www.voa.org.uk The 2021/2022 standard multiplier is 0.512 (5.12p payable per £1). The 2020/2021 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Available by way of a new full repairing and insuring lease for a term to be agreed at £50,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.
( Agency Pilot Software Ref: 7620 )